Banking

Lifting the heel of its boot: ECB offers tentative lifeline to struggling euro zone

With Europe struggling to remain competitive in a fragmenting world, policymakers have loosened the tap of monetary policy. But if things are easing, there are still ample grounds for uncertainty

ECB: Regulator’s decision to reduce its interest rates, while universally expected, nevertheless represents a point of relief for businesses, housebuilders and consumers. Picture: Getty

Business Post subscribers can read:

• How restrictive policy has impacted the EU economy as it struggles to remain competitive

• Christine Lagarde on whether the markets have correctly assessed the ECB’s trajectory

• How the ECB’s governing council paid tribute to those who died on D-Day before a crucial policy decision